Futures on olive oil

Moritz Mechanicus · Post by **Moritz Mechanicus** » Fri Jul 16, 2004 8:41 am

A Spanish friend sent me this link: http://www.mfao.es/index.sw?idioma=in
Apparantly they are not yet fully active.

kianti · Post by **kianti** » Fri Jul 16, 2004 9:45 am

Thanks a lot for the link, anything about wine?

Moritz Mechanicus · Post by **Moritz Mechanicus** » Fri Jul 16, 2004 9:56 am

kianti wrote:anything about wine?

Euronext used to have a separate futuresmarket for "fine wines", called Winefex. It was announced in 2001 but never became a succes (too much opposition from the established merchants and besides, fine wine is not really a bulk product like grain or copper. There are literally hundreds of chateaux producing fine Bordeaux... So much for a standardized contract). As far as I know, it is no longer active. But of course wine futures are still being traded OTC.

Here are some links that might be of interest:

http://www.matif.com/new_/new_press210.htm

http://www.span-e.com/wine__futures.html

http://www.winespectator.com/Wine/Borde ... 63,00.html

cheers!
Moritz